Apple Hospitality REIT (APLE) Stock Forecast, Price Target & Predictions
APLE Stock Forecast
Apple Hospitality REIT stock forecast is as follows: an average price target of $20.50 (represents a 33.38% upside from APLE’s last price of $15.37) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
APLE Price Target
The average price target for Apple Hospitality REIT (APLE) is $20.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $18.00. This represents a potential 33.38% upside from APLE's last price of $15.37.
APLE Analyst Ratings
According to 3 Wall Street analysts, Apple Hospitality REIT's rating consensus is 'Buy'. The analyst rating breakdown for APLE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Apple Hospitality REIT Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 02, 2023 | - | Wells Fargo | $18.00 | $18.14 | -0.77% | 17.11% |
| Apr 22, 2022 | - | Oppenheimer | $23.00 | $17.79 | 29.29% | 49.64% |
The latest Apple Hospitality REIT stock forecast, released on Feb 02, 2023 by Wells Fargo company, set a price target of $18.00, which represents a -0.77% decrease from the stock price at the time of the forecast ($18.14), and a 17.11% increase from APLE last price ($15.37).
Apple Hospitality REIT Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $15.37 | $15.37 | $15.37 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Apple Hospitality REIT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Apple Hospitality REIT's last price of $15.37. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Jun 03, 2024 | Wedbush | - | Neutral | Initialise |
| Mar 30, 2023 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Feb 02, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 29, 2022 | Wells Fargo | - | Underweight | Upgrade |
Apple Hospitality REIT's last stock rating was published by Oppenheimer on Oct 04, 2024. The company gave APLE a "Outperform" rating, the same as its previous rate.
Apple Hospitality REIT Financial Forecast
Apple Hospitality REIT Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $358.26M | $361.63M | $311.45M | $299.12M | $341.15M | $337.67M | $260.48M | $250.59M | $277.16M | $247.40M | $158.71M | $133.97M | $148.83M | $81.08M | $238.01M | $289.97M | $331.72M |
| Avg Forecast | $340.82M | $392.74M | $404.97M | $340.58M | $336.79M | $388.23M | $399.93M | $338.28M | $326.53M | $379.68M | $387.51M | $327.33M | $302.46M | $352.82M | $352.38M | $294.73M | $292.68M | $331.06M | $323.86M | $256.12M | $243.40M | $250.89M | $213.01M | $151.78M | $144.08M | $143.82M | $90.59M | $250.71M | $288.96M | $329.23M |
| High Forecast | $343.81M | $396.17M | $408.51M | $343.56M | $339.74M | $391.63M | $403.43M | $341.24M | $330.77M | $380.93M | $387.51M | $327.33M | $310.12M | $353.85M | $355.47M | $297.31M | $295.24M | $331.06M | $323.86M | $256.12M | $243.40M | $250.89M | $213.01M | $151.78M | $144.08M | $143.82M | $90.59M | $250.71M | $288.96M | $329.23M |
| Low Forecast | $337.75M | $389.20M | $401.32M | $337.51M | $333.75M | $384.73M | $396.33M | $335.23M | $324.30M | $378.43M | $387.51M | $327.33M | $297.81M | $350.99M | $349.21M | $292.07M | $290.04M | $331.06M | $323.86M | $256.12M | $243.40M | $250.89M | $213.01M | $151.78M | $144.08M | $143.82M | $90.59M | $250.71M | $288.96M | $329.23M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 1.06% | 1.02% | 1.03% | 1.04% | 1.02% | 1.03% | 1.10% | 1.16% | 1.05% | 0.93% | 1.03% | 0.90% | 0.95% | 1.00% | 1.01% |
Apple Hospitality REIT's average Quarter revenue forecast for Dec 23 based on 3 analysts is $302.46M, with a low forecast of $297.81M, and a high forecast of $310.12M. APLE's average Quarter revenue forecast represents a -15.58% decrease compared to the company's last Quarter revenue of $358.26M (Sep 23).
Apple Hospitality REIT EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $86.23M | $93.54M | $95.15M | $89.58M | $118.76M | $126.07M | $78.16M | $73.18M | $92.07M | $85.37M | $20.90M | $17.37M | $27.82M | $-9.90M | $62.47M | $90.00M | $109.01M |
| Avg Forecast | $99.24M | $114.35M | $117.91M | $99.16M | $98.06M | $113.04M | $116.45M | $98.50M | $95.07M | $110.55M | $112.83M | $35.37M | $88.06M | $102.73M | $102.60M | $32.15M | $19.09M | $95.84M | $93.75M | $34.39M | $70.46M | $72.63M | $61.66M | $11.49M | $41.71M | $41.63M | $26.22M | $126.49M | $83.65M | $95.30M |
| High Forecast | $100.10M | $115.35M | $118.94M | $100.03M | $98.92M | $114.03M | $117.47M | $99.36M | $96.31M | $110.91M | $112.83M | $42.44M | $90.30M | $103.03M | $103.50M | $38.59M | $22.90M | $95.84M | $93.75M | $41.27M | $70.46M | $72.63M | $61.66M | $13.79M | $41.71M | $41.63M | $26.22M | $151.79M | $83.65M | $95.30M |
| Low Forecast | $98.34M | $113.32M | $116.85M | $98.27M | $97.18M | $112.02M | $115.40M | $97.61M | $94.42M | $110.18M | $112.83M | $28.30M | $86.71M | $102.19M | $101.68M | $25.72M | $15.27M | $95.84M | $93.75M | $27.51M | $70.46M | $72.63M | $61.66M | $9.19M | $41.71M | $41.63M | $26.22M | $101.19M | $83.65M | $95.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.91% | 2.96% | 4.69% | 1.24% | 1.34% | 2.27% | 1.04% | 1.27% | 1.38% | 1.82% | 0.42% | 0.67% | -0.38% | 0.49% | 1.08% | 1.14% |
3 analysts predict APLE's average Quarter EBITDA for Dec 23 to be $88.06M, with a high of $90.30M and a low of $86.71M. This is 2.13% upper than Apple Hospitality REIT's previous annual EBITDA (Sep 23) of $86.23M.
Apple Hospitality REIT Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $58.51M | $65.29M | $32.92M | $2.31M | $59.15M | $65.34M | $18.00M | $13.22M | $31.76M | $20.28M | $-46.44M | $-51.25M | $-40.95M | $-78.24M | $-2.77M | $25.45M | $46.22M |
| Avg Forecast | $36.08M | $69.75M | $84.17M | $40.88M | $28.06M | $64.13M | $76.16M | $35.27M | $25.01M | $59.16M | $72.63M | $8.15M | $24.65M | $58.32M | $67.34M | $7.41M | $-56.31M | $57.32M | $54.49M | $7.92M | $13.32M | $15.74M | $-2.42M | $-25.54M | $-34.51M | $-33.90M | $-84.76M | $-5.61M | $27.85M | $59.33M |
| High Forecast | $36.49M | $70.54M | $85.13M | $41.35M | $28.38M | $64.86M | $77.02M | $35.68M | $25.82M | $60.37M | $73.46M | $9.78M | $25.45M | $60.75M | $68.11M | $8.89M | $-45.05M | $57.32M | $54.49M | $9.51M | $13.32M | $15.74M | $-2.42M | $-20.43M | $-34.51M | $-33.90M | $-84.76M | $-4.49M | $27.85M | $59.33M |
| Low Forecast | $35.65M | $68.93M | $83.19M | $40.41M | $27.73M | $63.38M | $75.27M | $34.86M | $24.21M | $57.96M | $71.78M | $6.52M | $23.06M | $57.64M | $66.55M | $5.92M | $-67.58M | $57.32M | $54.49M | $6.34M | $13.32M | $15.74M | $-2.42M | $-30.65M | $-34.51M | $-33.90M | $-84.76M | $-6.73M | $27.85M | $59.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.97% | 4.45% | -0.04% | 1.03% | 1.20% | 2.27% | 0.99% | 2.02% | -8.38% | 1.82% | 1.48% | 1.21% | 0.92% | 0.49% | 0.91% | 0.78% |
Apple Hospitality REIT's average Quarter net income forecast for Dec 23 is $24.65M, with a range of $23.06M to $25.45M. APLE's average Quarter net income forecast represents a -57.87% decrease compared to the company's last Quarter net income of $58.51M (Sep 23).
Apple Hospitality REIT SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.85M | $43.04M | $11.46M | $12.25M | $10.27M | $10.31M | $9.64M | $11.22M | $13.26M | $8.44M | $8.12M | $7.10M | $6.73M | $6.03M | $9.52M | $10.73M | $9.04M |
| Avg Forecast | $13.01M | $14.99M | $15.46M | $13.00M | $12.86M | $14.82M | $15.27M | $12.92M | $12.47M | $14.50M | $14.80M | $4.36M | $11.55M | $13.47M | $13.45M | $3.97M | $59.75M | $12.64M | $12.36M | $4.24M | $9.29M | $9.58M | $8.13M | $4.47M | $5.50M | $5.49M | $3.46M | $19.28M | $11.03M | $12.57M |
| High Forecast | $13.13M | $15.13M | $15.60M | $13.12M | $12.97M | $14.95M | $15.40M | $13.03M | $12.63M | $14.54M | $14.80M | $5.23M | $11.84M | $13.51M | $13.57M | $4.76M | $71.70M | $12.64M | $12.36M | $5.09M | $9.29M | $9.58M | $8.13M | $5.36M | $5.50M | $5.49M | $3.46M | $23.14M | $11.03M | $12.57M |
| Low Forecast | $12.90M | $14.86M | $15.32M | $12.89M | $12.74M | $14.69M | $15.13M | $12.80M | $12.38M | $14.45M | $14.80M | $3.49M | $11.37M | $13.40M | $13.33M | $3.17M | $47.80M | $12.64M | $12.36M | $3.39M | $9.29M | $9.58M | $8.13M | $3.57M | $5.50M | $5.49M | $3.46M | $15.43M | $11.03M | $12.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.11% | 3.20% | 2.89% | 0.20% | 0.81% | 0.83% | 2.27% | 1.21% | 1.38% | 1.04% | 1.82% | 1.29% | 1.22% | 1.74% | 0.49% | 0.97% | 0.72% |
Apple Hospitality REIT's average Quarter SG&A projection for Dec 23 is $11.55M, based on 3 Wall Street analysts, with a range of $11.37M to $11.84M. The forecast indicates a -72.41% fall compared to APLE last annual SG&A of $41.85M (Sep 23).
Apple Hospitality REIT EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 1 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.26 | $0.29 | $0.14 | $0.01 | $0.26 | $0.29 | $0.08 | $0.06 | $0.14 | $0.09 | $-0.21 | $-0.23 | $-0.18 | $-0.35 | $-0.01 | $0.11 | $0.21 |
| Avg Forecast | $0.15 | $0.29 | $0.35 | $0.17 | $0.12 | $0.27 | $0.32 | $0.15 | $0.10 | $0.25 | $0.30 | $0.15 | $0.10 | $0.24 | $0.28 | $0.12 | $0.12 | $0.24 | $0.23 | $0.06 | $0.06 | $0.07 | $-0.01 | $-0.13 | $-0.14 | $-0.14 | $-0.35 | $0.04 | $0.12 | $0.24 |
| High Forecast | $0.15 | $0.29 | $0.35 | $0.17 | $0.12 | $0.27 | $0.32 | $0.15 | $0.11 | $0.25 | $0.31 | $0.15 | $0.11 | $0.25 | $0.28 | $0.12 | $0.12 | $0.24 | $0.23 | $0.06 | $0.06 | $0.07 | $-0.01 | $-0.13 | $-0.14 | $-0.14 | $-0.35 | $0.04 | $0.12 | $0.24 |
| Low Forecast | $0.15 | $0.29 | $0.35 | $0.17 | $0.12 | $0.26 | $0.31 | $0.14 | $0.10 | $0.24 | $0.30 | $0.15 | $0.10 | $0.24 | $0.28 | $0.12 | $0.12 | $0.24 | $0.23 | $0.06 | $0.06 | $0.07 | $-0.01 | $-0.13 | $-0.14 | $-0.14 | $-0.35 | $0.04 | $0.12 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.04% | 1.17% | 0.08% | 1.10% | 1.29% | 1.45% | 1.05% | 2.15% | -9.00% | 1.62% | 1.61% | 1.29% | 1.00% | -0.25% | 0.96% | 0.86% |
According to 3 Wall Street analysts, Apple Hospitality REIT's projected average Quarter EPS for Dec 23 is $0.10, with a low estimate of $0.10 and a high estimate of $0.11. This represents a -60.58% decrease compared to APLE previous annual EPS of $0.26 (Sep 23).
Apple Hospitality REIT Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SVC | Service Properties Trust | $2.59 | $6.83 | 163.71% | Buy |
| PEB | Pebblebrook Hotel Trust | $12.37 | $18.81 | 52.06% | Sell |
| PK | Park Hotels & Resorts | $14.20 | $19.08 | 34.37% | Buy |
| RLJ | RLJ Lodging Trust | $9.61 | $12.83 | 33.51% | Hold |
| APLE | Apple Hospitality REIT | $15.37 | $20.50 | 33.38% | Buy |
| HT | Hersha Hospitality Trust | $9.99 | $12.25 | 22.62% | Buy |
| HST | Host Hotels & Resorts | $17.42 | $20.90 | 19.98% | Buy |
| DRH | DiamondRock Hospitality Company | $8.97 | $10.50 | 17.06% | Hold |
| SHO | Sunstone Hotel Investors | $10.00 | $11.29 | 12.90% | Hold |
| RHP | Ryman Hospitality Properties | $112.13 | $117.00 | 4.34% | Buy |